Medical Devices Industry Makes Steady Progress In Gujarat

Even as the US$ 290 billion global medical device industry is growing at the rate of five per cent, the Indian market which is worth US$ five billion is growing at a exponential rate of 15 per cent and above.

Interestingly, India ranks fourth in the medical device sector in Asia, preceded by Japan, China and South Korea. This clearly indicate that the medical devices sector is growing substantially in the country with experts predicting a double digit growth in next five years.

PERD Ties Up With DBT To Set Up Biotech Incubator Centre

Biotechnology Industry Research Assistance Council (BIRAC), an interface agency set up by the Department of Biotechnology (DBT) recently entered into a Memorandum of Understanding (MoU) with B V Patel Pharmaceutical Education & Research Development (PERD) Centre, Ahmedabad to set up an incubator in its campus called Bio Incubator PERD Centre. The initiative is aimed at promoting and encouraging start-up companies, young entrepreneurs and researchers to take up research activities to develop novel products.

Mr. Arvind Mehta Inducted In Council Of International Plastics Association Directors (CIPAD)

Mr. Arvind M. Mehta is the first Asian & an Indian to be inducted in the CIPAD Executive Committee. At the CIPAD meeting in Italy, on 11th October 2012 he was unanimously elected as Executive Director out of four seats. This Committee will be headed by USA and rest each from Europe (Germany UK), Africa (South Africa) and Asia (India). Mr Mehta has already lead various leading Plastics Associations and has represented India on eminent International platforms.

Ferromatik Milacron India’s Victorious Open House

Ahmedabad. During 11-13th October 2012, Ferromatik Milacron India (FMI) held Open House at its Vatva based manufacturing facility at Ahmedabad, India. The event saw over 600 visitors including Plastics Processors, Suppliers, Processors’ Associations, Educational Institutes, Polymer Producers and Distributors from India and abroad. Visitors took this opportunity to witness the live demonstration of FMI’s India Built High-performance Injection Moulding Machines, which was the main focus of the event. Along with this, visitors took facility tour on progress..